
AXIS Bank | Personal Loan | 19-Jul,2022
About AXIS Bank: Axis Bank falls under the category of private banks. It is ranked as the third largest private sector bank in India. In other words, Axis Bank is the third largest private bank in India. The bank commenced operations in 1994. Axis Bank is one of the first-generation private sector banks. This bank provides financial services to those in need.
Detail: Candidates should be at least 21 years old at the time of applying for a loan.
Annual Percentage Rate (APR): 10.25% p.a. onwards
Minimum & Maximum period for repayment (Loan Tenure): 1-5 years
Loan processing charges: Up to 3% of loan amount
Late Payment: Check the loan application form.
Foreclosure Charges: On outstanding loan: 1) For 0-12 months: 5% 2) For 13-24 months: 4% 3) For 25-36 months: 3% 4) More than 36 months: 2%
Partpayment Charges: N/A
Maximum Loan Amount: Rs 50,000- Rs 15 lakh
Sector : Finance
Industry : Regional Banks
This bank was formerly known as UTI Bank (1993–2007). Its headquarters are located in Mumbai, Maharashtra. It is an Indian banking and financial services company. Axis Bank provides a comprehensive spectrum of financial services to customers, covering large and mid-sized corporations, MSMEs, agriculture, and retail businesses.
You will go on the Official website.
| AXIS Bank | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 10.25% p.a. onwards | Rs 50,000- Rs 15 lakh | 1-5 years | Up to 3% of loan amount | Check the loan application form. | On outstanding loan: 1) For 0-12 months: 5% 2) For 13-24 months: 4% 3) For 25-36 months: 3% 4) More than 36 months: 2% | N/A |
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Home Loan | 6.90% p.a | Rs.5L - Rs.10Crs | 05 to 30 Years | Upto 1% or min. Rs. 10,000/- | Check the loan application form. | 0 - 2% | N/A |
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